Apples I hope you are right. ASF and displa1 you both hit the...

Apples I hope you are right. ASF and displa1 you both hit the nail on the head. The Blumont SP needs to rise another 100% to at least 20c for the Platinum deal to progress. If my reading is correct they have 6 months (from signing the deal) to acheive it, but don't quote me on that.

Why am I still holding? Partly because I'm an idiot and never read the fine print of announcements until it's too late. But partly because I have written on a scrap of paper somewhere $4bn worth of copper. Can't remember how I came to that figure but the same method led me to associate $12bn of copper with OZL. OZL are sitting on $400 odd of cash. For $30m (8% of their cash) they could increase their copper reserve by a third. It beggars belief that a company with a $4bn reserve and at this stage of production would be allowed to go to the wall. Perhaps I'm very naive.